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Side-by-side financial comparison of Amphastar Pharmaceuticals, Inc. (AMPH) and PAMT CORP (PAMT). Click either name above to swap in a different company.

Amphastar Pharmaceuticals, Inc. is the larger business by last-quarter revenue ($183.1M vs $141.3M, roughly 1.3× PAMT CORP). Amphastar Pharmaceuticals, Inc. runs the higher net margin — 13.3% vs -20.7%, a 34.0% gap on every dollar of revenue. On growth, Amphastar Pharmaceuticals, Inc. posted the faster year-over-year revenue change (-1.8% vs -15.1%). Amphastar Pharmaceuticals, Inc. produced more free cash flow last quarter ($24.6M vs $-25.0M). Over the past eight quarters, Amphastar Pharmaceuticals, Inc.'s revenue compounded faster (3.2% CAGR vs -12.0%).

Amphastar Pharmaceuticals is a publicly traded American speciality pharmaceutical company. It was incorporated in May 2004 and primarily develops, manufactures, and sells inhalation and intranasal products.

AMPH vs PAMT — Head-to-Head

Bigger by revenue
AMPH
AMPH
1.3× larger
AMPH
$183.1M
$141.3M
PAMT
Growing faster (revenue YoY)
AMPH
AMPH
+13.3% gap
AMPH
-1.8%
-15.1%
PAMT
Higher net margin
AMPH
AMPH
34.0% more per $
AMPH
13.3%
-20.7%
PAMT
More free cash flow
AMPH
AMPH
$49.6M more FCF
AMPH
$24.6M
$-25.0M
PAMT
Faster 2-yr revenue CAGR
AMPH
AMPH
Annualised
AMPH
3.2%
-12.0%
PAMT

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
AMPH
AMPH
PAMT
PAMT
Revenue
$183.1M
$141.3M
Net Profit
$24.4M
$-29.3M
Gross Margin
46.8%
Operating Margin
19.4%
-27.0%
Net Margin
13.3%
-20.7%
Revenue YoY
-1.8%
-15.1%
Net Profit YoY
-35.7%
7.4%
EPS (diluted)
$0.51
$-1.38

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
AMPH
AMPH
PAMT
PAMT
Q4 25
$183.1M
$141.3M
Q3 25
$191.8M
$150.3M
Q2 25
$174.4M
$151.1M
Q1 25
$170.5M
$155.3M
Q4 24
$186.5M
$166.5M
Q3 24
$191.2M
$182.6M
Q2 24
$182.4M
$182.9M
Q1 24
$171.8M
$182.6M
Net Profit
AMPH
AMPH
PAMT
PAMT
Q4 25
$24.4M
$-29.3M
Q3 25
$17.4M
$-5.6M
Q2 25
$31.0M
$-9.6M
Q1 25
$25.3M
$-8.1M
Q4 24
$38.0M
$-31.6M
Q3 24
$40.4M
$2.4M
Q2 24
$37.9M
$-2.9M
Q1 24
$43.2M
$281.0K
Gross Margin
AMPH
AMPH
PAMT
PAMT
Q4 25
46.8%
Q3 25
51.4%
Q2 25
49.6%
Q1 25
50.0%
Q4 24
46.5%
Q3 24
53.3%
Q2 24
52.2%
Q1 24
52.4%
Operating Margin
AMPH
AMPH
PAMT
PAMT
Q4 25
19.4%
-27.0%
Q3 25
13.2%
-3.8%
Q2 25
24.2%
-7.3%
Q1 25
21.9%
-5.9%
Q4 24
24.2%
-22.6%
Q3 24
29.8%
1.3%
Q2 24
30.3%
-0.4%
Q1 24
27.9%
-0.4%
Net Margin
AMPH
AMPH
PAMT
PAMT
Q4 25
13.3%
-20.7%
Q3 25
9.0%
-3.7%
Q2 25
17.8%
-6.4%
Q1 25
14.8%
-5.2%
Q4 24
20.4%
-19.0%
Q3 24
21.1%
1.3%
Q2 24
20.8%
-1.6%
Q1 24
25.1%
0.2%
EPS (diluted)
AMPH
AMPH
PAMT
PAMT
Q4 25
$0.51
$-1.38
Q3 25
$0.37
$-0.27
Q2 25
$0.64
$-0.46
Q1 25
$0.51
$-0.37
Q4 24
$0.74
$-1.44
Q3 24
$0.78
$0.11
Q2 24
$0.73
$-0.13
Q1 24
$0.81
$0.01

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
AMPH
AMPH
PAMT
PAMT
Cash + ST InvestmentsLiquidity on hand
$282.8M
$83.7M
Total DebtLower is stronger
$608.7M
$333.9M
Stockholders' EquityBook value
$788.8M
$210.5M
Total Assets
$1.6B
$697.9M
Debt / EquityLower = less leverage
0.77×
1.59×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AMPH
AMPH
PAMT
PAMT
Q4 25
$282.8M
$83.7M
Q3 25
$276.2M
$115.6M
Q2 25
$231.8M
$117.3M
Q1 25
$236.9M
$102.7M
Q4 24
$221.6M
$110.7M
Q3 24
$250.5M
$92.3M
Q2 24
$217.8M
$114.0M
Q1 24
$289.6M
$125.8M
Total Debt
AMPH
AMPH
PAMT
PAMT
Q4 25
$608.7M
$333.9M
Q3 25
$608.6M
Q2 25
$607.7M
Q1 25
$603.9M
Q4 24
$601.6M
$325.6M
Q3 24
$596.4M
Q2 24
$586.9M
Q1 24
$594.0M
Stockholders' Equity
AMPH
AMPH
PAMT
PAMT
Q4 25
$788.8M
$210.5M
Q3 25
$776.7M
$239.5M
Q2 25
$757.5M
$244.9M
Q1 25
$751.3M
$269.6M
Q4 24
$732.3M
$277.5M
Q3 24
$727.7M
$308.9M
Q2 24
$713.3M
$306.7M
Q1 24
$672.4M
$314.6M
Total Assets
AMPH
AMPH
PAMT
PAMT
Q4 25
$1.6B
$697.9M
Q3 25
$1.7B
$715.2M
Q2 25
$1.6B
$707.9M
Q1 25
$1.6B
$712.6M
Q4 24
$1.6B
$741.7M
Q3 24
$1.5B
$756.7M
Q2 24
$1.5B
$733.5M
Q1 24
$1.6B
$746.4M
Debt / Equity
AMPH
AMPH
PAMT
PAMT
Q4 25
0.77×
1.59×
Q3 25
0.78×
Q2 25
0.80×
Q1 25
0.80×
Q4 24
0.82×
1.17×
Q3 24
0.82×
Q2 24
0.82×
Q1 24
0.88×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
AMPH
AMPH
PAMT
PAMT
Operating Cash FlowLast quarter
$32.9M
$-5.8M
Free Cash FlowOCF − Capex
$24.6M
$-25.0M
FCF MarginFCF / Revenue
13.4%
-17.7%
Capex IntensityCapex / Revenue
4.5%
13.6%
Cash ConversionOCF / Net Profit
1.35×
TTM Free Cash FlowTrailing 4 quarters
$121.2M
$-23.4M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AMPH
AMPH
PAMT
PAMT
Q4 25
$32.9M
$-5.8M
Q3 25
$52.6M
$5.9M
Q2 25
$35.6M
$12.2M
Q1 25
$35.1M
$5.0M
Q4 24
$29.0M
$15.2M
Q3 24
$60.0M
$15.5M
Q2 24
$69.1M
$18.7M
Q1 24
$55.3M
$9.6M
Free Cash Flow
AMPH
AMPH
PAMT
PAMT
Q4 25
$24.6M
$-25.0M
Q3 25
$47.2M
$2.5M
Q2 25
$25.0M
$5.9M
Q1 25
$24.4M
$-6.8M
Q4 24
$16.6M
$-39.9M
Q3 24
$46.2M
$-33.6M
Q2 24
$63.1M
$4.1M
Q1 24
$46.5M
$-12.2M
FCF Margin
AMPH
AMPH
PAMT
PAMT
Q4 25
13.4%
-17.7%
Q3 25
24.6%
1.7%
Q2 25
14.3%
3.9%
Q1 25
14.3%
-4.4%
Q4 24
8.9%
-24.0%
Q3 24
24.1%
-18.4%
Q2 24
34.6%
2.2%
Q1 24
27.1%
-6.7%
Capex Intensity
AMPH
AMPH
PAMT
PAMT
Q4 25
4.5%
13.6%
Q3 25
2.8%
2.3%
Q2 25
6.1%
4.2%
Q1 25
6.3%
7.6%
Q4 24
6.7%
33.1%
Q3 24
7.2%
26.9%
Q2 24
3.3%
8.0%
Q1 24
5.1%
12.0%
Cash Conversion
AMPH
AMPH
PAMT
PAMT
Q4 25
1.35×
Q3 25
3.03×
Q2 25
1.15×
Q1 25
1.39×
Q4 24
0.76×
Q3 24
1.48×
6.44×
Q2 24
1.82×
Q1 24
1.28×
34.11×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

AMPH
AMPH

Other Products$62.4M34%
Baqsimi$46.7M26%
Primatenemist$27.9M15%
Epinephrine$17.1M9%
Lidocaine$14.9M8%
Glucagon$14.1M8%

PAMT
PAMT

Freight Transportation Service$123.1M87%
Fuel Surcharge$18.2M13%

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